Kentucky Statutes 457.410 – Construction
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Nothing in this chapter shall be construed to authorize an agent appointed pursuant to a power of attorney to act or make decisions on behalf of the principal which are not related to the principal’s property or finances.
Effective: July 15, 2020
History: Created 2020 Ky. Acts ch. 41, sec. 60, effective July 15, 2020.
Effective: July 15, 2020
Terms Used In Kentucky Statutes 457.410
- Agent: means a person granted authority to act for a principal under a power of attorney, whether denominated an agent, attorney-in-fact, or otherwise. See Kentucky Statutes 457.020
- Principal: means an individual who grants authority to an agent in a power of attorney. See Kentucky Statutes 457.020
- Property: means anything that may be the subject of ownership, whether real or personal, or legal or equitable, or any interest or right therein. See Kentucky Statutes 457.020
History: Created 2020 Ky. Acts ch. 41, sec. 60, effective July 15, 2020.